Bank stocks soar in wake of royal commission | Sky News Australia

  • 📰 SkyNewsAust
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 78%

Business News News

Business Business Latest News,Business Business Headlines

Bank stocks have soared following the release of the banking royal commission report. The surge is understood to be the result of investors' relief that the report would not devastate the sector.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

SkyNewsRicho If you put a Judge in charge what do you think will happen

SkyNewsRicho You really have to ask what the point of the commission was. No penalty on individuals, share price up, arrogance rewarded.

SkyNewsRicho So am I and why I'm keen for Labor to continue with the Commision and expand its terms of reference. Auspol

dianneraynor SkyNewsRicho I have no time for this bloke ... but he's right on this one.

isCommBankRogue SkyNewsRicho It’s sickening and I am a NAB victim of internal fraud

SkyNewsRicho Just like billshortenmp hey, he was outed in a royal commission for taking funds/gifts/bribes for personal gain, yet australainlabor made him their leader. hypocricy glasshouses SkyNewsRicho

SkyNewsRicho A little like a labour MP....a protected species!! Careful Richo pot calling kettle

SkyNewsRicho Bit like unionsaustralia elites Richo - also protected and very highly paid. DoubleStandards eliteunions waynesclasswar

SkyNewsRicho The same goes for those over paid public servants who were supposed to police the laws.

SkyNewsRicho A bit like an union official Richie

SkyNewsRicho I'm with Richo. Corrupt people are the worst.

SkyNewsRicho Richo you are correct , slap over the wrist stuff & to get back the fines they will claim higher funding costs to lift rates . Easy done. While Hayne killed brokers who put competition into the market . Hayne just handed it all back to the big 4

SkyNewsRicho Why Richo, no union officials ever go to prison after a royal commission into the building industry. God knows they are just as bad if not worse than these bastards

SkyNewsRicho Don’t forget the Royal Commission was called for by the big 4 banks. They obviously also helped the government form the framework of which it can operate within.

SkyNewsRicho SkyNewsRicho can you say the same about the actions of CFMEUQNT that deserve the full force of the law? I know you call a spade a spade please reply to me and publicly agree?

SkyNewsRicho love ya richo but the mathias cormann interview was the worst EVER! Firstly, without an upturn in commodity prices none of their projections would be even close. Secondly, howard never had two first term PM's knifed. Apples & oranges comparing different admins without any context

SkyNewsRicho White collar crime has no justice system!!!

SkyNewsRicho That’s rubbish and you know it. The bureaucrats have been told to get off their collective arses and do their job.

SkyNewsRicho the happy clapper said...

SkyNewsRicho ol dinosaur said...

SkyNewsRicho I am absolutely livid about this! This is wrong on so many levels. thingsneedtochange

SkyNewsRicho well well well totally fraudulent commission set up by the banks painfully obvious auspol

SkyNewsRicho FFS they’ve committed a crime, why is there no follow up by the authorities? Why are these company, (not corporate) criminals being shielded? Have we got grounds for a class action?😤

SkyNewsRicho 'Steal a little & they throw you in jail. Steal a lot & they make you a king' Bob Dylan

SkyNewsRicho Replace the work “Banks” with “Unions” and it still works .......

SkyNewsRicho So Richo. Are you saying that Morrison meddled with the final report? The banks did set the parameters for the RC in the first place, didn’t they?

SkyNewsRicho This royal commission was a waste of tax payer money

SkyNewsRicho Under the libs you are. If you donate you are buying protection. You know what Richo election day should bring a lot of joy as the corruption is so blatant they dont even try to hide it

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Banking royal commission could spark market chaos: Treasurer | Sky News AustraliaThe Treasurer has warned releasing the findings of the banking royal commission report could spark market chaos if it is released too early.\n\nThe Opposition has accused the government of stalling after it announced it would wait three days before releasing the report.\n\n\n\n\n\n\n BernieRipoll Funny is not a racist word of the country where can the holy journey be free from problem that have problem occur first see what trip are present
Source: SkyNewsAust - 🏆 7. / 78 Read more »